Main Street Research LLC Raises Position in SPDR Gold MiniShares Trust $GLDM

Main Street Research LLC raised its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 4.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 466,864 shares of the company’s stock after acquiring an additional 18,377 shares during the quarter. SPDR Gold MiniShares Trust makes up approximately 1.9% of Main Street Research LLC’s holdings, making the stock its 22nd largest position. Main Street Research LLC’s holdings in SPDR Gold MiniShares Trust were worth $35,692,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in GLDM. EverSource Wealth Advisors LLC raised its position in shares of SPDR Gold MiniShares Trust by 34.6% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 564 shares of the company’s stock worth $43,000 after acquiring an additional 145 shares in the last quarter. Legacy Capital Wealth Partners LLC boosted its position in shares of SPDR Gold MiniShares Trust by 0.5% during the second quarter. Legacy Capital Wealth Partners LLC now owns 32,922 shares of the company’s stock valued at $2,157,000 after purchasing an additional 153 shares in the last quarter. LongView Wealth Management grew its stake in SPDR Gold MiniShares Trust by 5.3% in the third quarter. LongView Wealth Management now owns 3,439 shares of the company’s stock worth $263,000 after purchasing an additional 172 shares during the period. Evolution Wealth Management Inc. grew its stake in SPDR Gold MiniShares Trust by 55.1% in the third quarter. Evolution Wealth Management Inc. now owns 490 shares of the company’s stock worth $37,000 after purchasing an additional 174 shares during the period. Finally, Caitlin John LLC raised its holdings in SPDR Gold MiniShares Trust by 0.9% in the third quarter. Caitlin John LLC now owns 19,579 shares of the company’s stock worth $1,497,000 after purchasing an additional 177 shares in the last quarter.

SPDR Gold MiniShares Trust News Roundup

Here are the key news stories impacting SPDR Gold MiniShares Trust this week:

• Positive Sentiment: Ongoing Middle East tensions keep intermittent safe‑haven demand for gold, providing underlying support for GLDM when risk spikes. Gold Edges Higher Amid Ongoing Middle East Conflict
• Positive Sentiment: Market commentators note buyers stepping in on dips and central‑bank and geopolitical flows that could support gold prices if volatility increases. Gold Price Analysis – Gold Continues to See Support on Dips
• Neutral Sentiment: Macro reports are mixed (durable goods, JOLTS, consumer sentiment); some readings push inflation expectations higher (which can buoy gold) while others reinforce rate‑tightening bets — this creates near‑term volatility rather than a clear trend. Spot gold at $5,100/oz after preliminary Consumer Sentiment falls
• Neutral Sentiment: Analysts expect more headline‑driven swings in coming weeks (rates, central bank activity, war), meaning GLDM could see quick rebounds and pullbacks depending on the next data/fed headlines. Gold Weekly Price Analysis
• Negative Sentiment: A liquidity crunch and stronger U.S. dollar ahead of the Fed meeting are pressuring gold, which weighs on GLDM since a firmer dollar reduces dollar‑priced commodity demand. Gold under pressure as liquidity crunch boosts dollar ahead of Fed meeting
• Negative Sentiment: Technical studies point to bearish patterns (bear flag, wedge breakdown) and analysts highlight downside support zones; if technical selling continues, GLDM could extend losses. Gold Price Forecast: Bear Flag Signals Potential Downside Targets
• Negative Sentiment: Rising Treasury yields and concerns about renewed inflation from higher oil can make real yields less favorable for gold, capping upside and pressuring GLDM. Gold Falls as Rising Oil Prices Spur Inflation Worries

SPDR Gold MiniShares Trust Trading Down 1.3%

GLDM opened at $99.28 on Friday. The stock has a fifty day simple moving average of $97.83 and a two-hundred day simple moving average of $85.85. SPDR Gold MiniShares Trust has a 12-month low of $58.56 and a 12-month high of $109.74.

SPDR Gold MiniShares Trust Company Profile

The SPDR Gold MiniShares Trust (GLDM) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less expenses and liabilities, using gold bars held in London vaults. GLDM was launched on Jun 25, 2018 and is issued by State Street.